Pandemic outbreak continues to appear on the Top 10 risks facing the Middle East and Africa, after becoming a new entry into these ranks in 2020, according to the Allianz Risk Barometer 2021.
The Top 10 risks for the region are summarised as follows:
-
Rank
|
Type of Risk
|
Percentage of responses
2021
|
Percentage of responses
2020
|
1
|
Pandemic outbreak
|
36%
|
New
|
2
|
Business interruption
|
36%
|
31%
|
3
|
Cyber incidents
|
33%
|
30%
|
4
|
Fire, explosions
|
20%
|
23%
|
5
|
Macroeconomic developments
|
20%
|
25%
|
6
|
Political risks and violence
|
19%
|
17%
|
7
|
Theft, fraud and corruption
|
17%
|
20%
|
8
|
Changes in legislation and regulation
|
17%
|
27%
|
9
|
Market developments
|
15%
|
21%
|
10
|
Critical infrastructure blackouts
|
11%
|
21%
|
The total number of respondents to this risk survey stood at 627.